Turn Key student rental property with a rent guarantee through August 2027 for $13,000 per month at a 5.8% CAP RATE WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 6bed/3ba, ADU in front is a 4bed/2ba. Units share access to the pool and deck with views overlooking the canyon. All market rate no deed restrictions! Located a short drive to SDSU campus surrounded by high demand student rentals. This property usually rents many months in advance each year due to the beautiful finishes through out and the large pool with views - a unique amenity that students search for in SoCal. Units have in-unit washer dryers, full kitchens, private entrances, and ample street parking.
| MLS # | 260004275SD |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 247 |
| Listing Provided By | Bridgepoint Realty Inc | Alexio Barbara |
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Building(s) | 2 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92115 |
| Area | 92115 San Diego |
| Listing VS Median (in 92115) | |
Price: $1,895,000 low | high Med: $750,000 On site: 247 low | high Med: 47 | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92115 |
| Area | 92115 San Diego |
| Listing VS Median (in 92115) | |
Price: $1,895,000 low | high Med: $750,000 On site: 247 low | high Med: 47 | |
![]() | $1,499,0005618 Meredith AvenueSan Diego, CA 92120 |